Settings8H · net · $10k
Funding arb · Price arb /

OPENAI

RWAall OPENAI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Lighter RH against SunX+3.563%7-day average +4.657% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.067%+$7 on $10k
Price spread, last 4 days (all we have)+2.346%+$235 · spread now +3.563%, 7d avg +4.657%
Together, before fees+2.413%+ Points / potential airdropLighter RH: Points live · farm board+$241 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter RH is 1.094% cheaper against SunX than usual: you would sell low and buy high (spread +3.563% now, against its 7-day average of +4.657%). If the spread goes back, that is −$109 on $10k: about 4 months of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX OPENAI-USDT1,618.20get 0.0000% / 8h3h 13m$2.4M10x
ShortLighter RH OPENAI1,675.90.0032get 0.0004% / 1h13m 49s$2.6M$6.2M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against SunX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$6.72
Price spread: +3.563% → +4.657%
−$109.39
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$110.67
Costs to cover
0.080%
Break-even
122.3 days
Slippage unknown: SunX: live order book, 3 min ago; Lighter RH: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 3 min ago500.40 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Lighter RH live order book, 5 min ago0.15 bp6.6 bp −$7119.1 bp −$1,191569.9 bp −$57.0Kdoesn't fit

OPENAI on 22 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit OPENAI_USDC-PERPETUAL−0.0063%1h1,616.2−0.125%$35xas long as short
QFEX OPENAI-USD−0.0001%1h1,615.7−0.152%$1.2M$580K10xas long as short
Lighter OPENAI0.0000%1h1,708.2+5.560%$1.4M$265K5xas long as short
Bybit OPENAIUSDT0.0000%8h1,658.5+2.490%$753K$206K25xas long as short
OKX OPENAI-USDT-SWAP0.0000%8h1,648.3+1.860%$5.1M$1.3M20xas long as short
Gate OPENAI_USDT0.0000%8h1,612.3−0.365%$52.2M$25.4M50xas long as short
Bitget OPENAIUSDT0.0000%8h1,617.7−0.034%$5.4M$5.0M20xas long as short
SunX OPENAI-USDTlong0.0000%8h1,618.2long leg$2.4M10x
HTX OPENAI-USDT0.0000%8h1,616.9−0.080%$79K$221K20xas long as short
Phemex OPENAIUSDT0.0000%8h1,615.1−0.190%$1.6M$535K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH OPENAIshort+0.0032%1h1,675.9+3.563%$2.6M$6.2M5x
Extended OPENAI-USD+0.0048%1h1,615.5−0.164%$142K$737K10xas long as short
Aster OPENAIUSDT+0.0050%8h1,618.6+0.022%$211K$3K20xas long as short
Binance OPENAIUSDT+0.0050%8h1,616−0.137%$22.8M$17.6M20xas long as short
MEXC OPENAI_USDT+0.0050%8h1,615.4−0.171%$13.0M$3.2M50xas long as short
KuCoin OPENAIUSDTM+0.0050%8h1,620.6+0.145%$373K$69K20xas long as short
Variational Omni OPENAI+0.0050%8h1,617.2−0.059%$2.6M$766Kas long as short
GRVT OPENAI_USDT_Perp+0.0050%8h1,619.8+0.098%$2K$161K10xas long as short
BloFin OPENAI-USDT+0.0053%8h1,617.2−0.060%$472K$286K20xas long as short
Coinbase International OPENAI-PERP-INTX+0.0056%1h1,623.9+0.352%$226K$161K5xas long as short
Aevo OPENAI-PERP+0.0104%1h1,615.5−0.165%10xas long as short
Entropy io:OAI+0.0105%1h1,669.6+3.176%$7.6M$2.3M6xas long as short